203
203
Dec 19, 2012
12/12
by
CNBC
tv
eye 203
favorite 0
quote 0
so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but t
so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if...
103
103
Dec 19, 2012
12/12
by
CNBC
tv
eye 103
favorite 0
quote 0
you can read more on cnbc.com, and it is entitled, china's credit crunch. sue? reuters did an examination of 50 of them and found a vast majority of them did not explain what the money would be invested in, actually. unbelievable. >> thanks, michelle. a story that will continue to unfold. we appreciate it. ty, over to you. >> sue, the real estate market is on the come back in the united states. the market specifically for $10 million plus homes has more than doubled in some elite communities. our wealth editor robert frank has a very good job. with the look at the top three zip codes in the nation with the sales of mega mansions. i can't wait to hear. >> i call it the return of the eight-digit home. the sales of homes for 10 million or more. took a breather in the crisis, but they're back. a report from caldwell banker says sales of eight-digit homes have doubled in miami and other hot markets. beverly hills, ranked first in the country with 19 sold over the past year. one of those deals was a home on rocks bury drive. we see it here, sold for $14 million. list
you can read more on cnbc.com, and it is entitled, china's credit crunch. sue? reuters did an examination of 50 of them and found a vast majority of them did not explain what the money would be invested in, actually. unbelievable. >> thanks, michelle. a story that will continue to unfold. we appreciate it. ty, over to you. >> sue, the real estate market is on the come back in the united states. the market specifically for $10 million plus homes has more than doubled in some elite...
179
179
Dec 19, 2012
12/12
by
CNBC
tv
eye 179
favorite 0
quote 0
gone bust in china. here's the details. a group of investors in shanghai lost the equivalent of $22.5 million that they thought was going to pay them 11% interest in only one year. their money was supposedly invested in a pawn shop, two car dealerships and entertainment ven urg. these investors were supposed to get their principal and whopping interest payment in november. instead, they got zero and started protesting in front of the bank for days. the situation is raising alarms with regulators over there because these wealth management products, wmps as they are nope, are so widespread. more than $2 trillion worth in the chinese bank is system. that's equal to 14% of all deposits in chinach the chinese buy them because they pay way more in interest than cds and savings account. analyst are worried that this failure is tip of the iceberg, more on the way possibly leading to a credit crisis. they also worry because of these headlines investors will stop buying them outright, and some of them are actually good. yes, these pr
gone bust in china. here's the details. a group of investors in shanghai lost the equivalent of $22.5 million that they thought was going to pay them 11% interest in only one year. their money was supposedly invested in a pawn shop, two car dealerships and entertainment ven urg. these investors were supposed to get their principal and whopping interest payment in november. instead, they got zero and started protesting in front of the bank for days. the situation is raising alarms with...
156
156
Dec 19, 2012
12/12
by
CNBC
tv
eye 156
favorite 0
quote 0
because i think that the analogy i made in terms of china, everybody is mad at china for selling our movies and music, but yet for an individual, you don't have that kind of right. you own the picture, you took it. >> intellectual property. >> facebook owns instagram. do you think this was a shocker? >> i know those guys, they're really intelligent, they typically try to do things the right way and this one apparently got a little away from them. >> we were talking for a long time, we have been talking for a lock time about retailers going out of business bought of dot comes. what's new here? >> the share of retail done by the online players just keeps expanding in the key categories. basically everything other than what you consume, grocery and drug, is the online guys are getting more and more share. the retail pie is only so big. online guys extend their share of the pie, the part left for the physical guys, it shrinks and they've got such high fixed cost structures that they can't survive that. and so, the logical implication for a lot of these really historically successful reta
because i think that the analogy i made in terms of china, everybody is mad at china for selling our movies and music, but yet for an individual, you don't have that kind of right. you own the picture, you took it. >> intellectual property. >> facebook owns instagram. do you think this was a shocker? >> i know those guys, they're really intelligent, they typically try to do things the right way and this one apparently got a little away from them. >> we were talking for a...
115
115
Dec 19, 2012
12/12
by
FBC
tv
eye 115
favorite 0
quote 0
they're looking to give countries like china and russ a way out of enfoing theanctions. right now the world is prettynited against ira if tngs chge down the road they don't want to be on record saying they have a bomb program. they would rather give this excuse to countries that may want it oppose us on further imposition of sanctions. melissa: michael, thanks for coming on the show. >> my pleasure. thank you. >> more breaking news on knight cam tall. adam shapiro with the latest on that. adam? hey, adam. melissa: adam turning the channel on us. we'll go back to him when we have the news. turning natural gas to liquid gold? a brand new plan to turn our surplus of natural gas into clean-burning diesel. details on that breakthrough ming u next. >>> an urban success story. irving, texas, makes it rain while other cities are going broke the mayor is here to share what they are doing right. she also has some advice for the federal government. clearly they need it. i can't wait for this. "piles of money" and good sense coming up. ♪ . melissa: a now for multibillion-dollar be
they're looking to give countries like china and russ a way out of enfoing theanctions. right now the world is prettynited against ira if tngs chge down the road they don't want to be on record saying they have a bomb program. they would rather give this excuse to countries that may want it oppose us on further imposition of sanctions. melissa: michael, thanks for coming on the show. >> my pleasure. thank you. >> more breaking news on knight cam tall. adam shapiro with the latest on...
162
162
Dec 19, 2012
12/12
by
CSPAN2
tv
eye 162
favorite 0
quote 1
and china. they firmly believe so many problems if they so what cannot solved without the act of collaboration of u.s. and china. what the history books 50 years to knock over 100 years since his china and the united states working together to solve these problems instead of history books blaming the united states and china for failing to respond to things that climate change and having history books that nor the incredible contributions of china over thousands of years to grow civilization and it completely overlooked that and just say the united states and china missed the opportunity is screwed up. >> ambassador, i must say when you and steve chu, secretary of energy are in china, lake -- [inaudible] actually it's a wonderful part of america. here we have two chinese immigrant families representing america. it's hard to imagine it in reverse from the chinese side. but then they are not in the great society. >> do they take it as an honor? >> and deep. as ambassador locke mentioned they want t
and china. they firmly believe so many problems if they so what cannot solved without the act of collaboration of u.s. and china. what the history books 50 years to knock over 100 years since his china and the united states working together to solve these problems instead of history books blaming the united states and china for failing to respond to things that climate change and having history books that nor the incredible contributions of china over thousands of years to grow civilization and...
145
145
Dec 19, 2012
12/12
by
CSPAN
tv
eye 145
favorite 0
quote 0
china comes to america. we want to know that we are taking your calls in this segment as we talk about this in sourcing boom -- in-sourcing doane. -- this in-sourcing boom. the numbers are on the screen. take us to what is happening in china in this second story. guest: the story focuses on what the elements are there: jobs back to the united states. jim fallon has reported -- that are pulling jobs back to the united states. jim bolon has report on jobs for a number of years. about five years ago in the summer of 2007, he did a big piece on an outsourcing firm. he focuses on the head of that, a guy named liam casey. he talked about what jobs are going over there in such massive scale. and he focused on the scale of the operation over there. he went to the foxconn plants. it has been in the news lately because of labor malpractice. they produce a lot of our products and a lot of other products. there are a number of factors in china. one is, wage pressure, particularly on the coast as the cost of living in ch
china comes to america. we want to know that we are taking your calls in this segment as we talk about this in sourcing boom -- in-sourcing doane. -- this in-sourcing boom. the numbers are on the screen. take us to what is happening in china in this second story. guest: the story focuses on what the elements are there: jobs back to the united states. jim fallon has reported -- that are pulling jobs back to the united states. jim bolon has report on jobs for a number of years. about five years...
76
76
Dec 19, 2012
12/12
by
FBC
tv
eye 76
favorite 0
quote 0
bp knows it is selling its stake in the largest offshore natural gas producing fields in china for $308 million in cash. they're out of there. shares closed up shoe slightly on that news. >>> north dakota oil production rises to a record 23.1 million barrels in november! the state department of mineral resources says that is up more than a million barrels just from september! you go, north dakota!. >>> next up a request to send 1.5 dal billion in aid to syria. will throw money at the problem make it go away or is the time coming to take some real action? >>> speaking of billions of dollars, that's about how much it is going to cost our economy every day in the a union makes good on its new threat after port strike. will uncle sam have to step up and break the picket lines? "piles of money" coming up. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction
bp knows it is selling its stake in the largest offshore natural gas producing fields in china for $308 million in cash. they're out of there. shares closed up shoe slightly on that news. >>> north dakota oil production rises to a record 23.1 million barrels in november! the state department of mineral resources says that is up more than a million barrels just from september! you go, north dakota!. >>> next up a request to send 1.5 dal billion in aid to syria. will throw money...
230
230
Dec 19, 2012
12/12
by
CNBC
tv
eye 230
favorite 0
quote 0
the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed unfairly low. the news from the commerce department comes as u.s. officials welcomed a high-level chinese delegation for trade and economic talks. the u.s. trade panel has final approval over the duties and is expected to vote on the case in late january. >>> in corporate news, ubs hit with a $1.5 million fine today. that will add up, a few more of those. the swiss bank admitting to fraud, it paying bribes to brokers. and pervasive, they call it manipulation of libor by dozens of staff. the penalty was agreed to with u.s., u.k., and swiss regulators. it is mo
the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed...
148
148
Dec 19, 2012
12/12
by
MSNBCW
tv
eye 148
favorite 0
quote 0
and they are all alive today because it happened in china. and he attacked the children with a knife, because that was the most deadly weapon he could get his hands on because that was in his village. so no, there are not a lot of different ways the murder at sandy hook elementary school could have been committed. there is only one way, the way that wayne lapierre wants to preserve, mass murder by firearm. an all-too-common american way of death. >> i think the american public is -- has had their fill of what happened last night. >> no, that was not wayne lapierre speaking the day after the massacre of the children and the women at sandy hook elementary school. he has been in hiding since then. that was wayne lapierre the day after this happened. >> our current gun culture ensures that more and more domestic disputes will end in the ultimate tragedy. and that more convenient store confrontations over loud music coming from a car will leave more teenagers bloody and dead. handguns do not enhance our safety, they tempt us to pursue arguments, r
and they are all alive today because it happened in china. and he attacked the children with a knife, because that was the most deadly weapon he could get his hands on because that was in his village. so no, there are not a lot of different ways the murder at sandy hook elementary school could have been committed. there is only one way, the way that wayne lapierre wants to preserve, mass murder by firearm. an all-too-common american way of death. >> i think the american public is -- has...
174
174
Dec 19, 2012
12/12
by
CNBC
tv
eye 174
favorite 0
quote 1
china coming back. gm rationalizing europe. >> gm europe, when you say a couple quarters behind ford, are you saying progress in the quarterly financials? >> committed to rationalizing europe. >> again, a larger theme of excess capitalization at u.s. corporations, and the fact that so much money is sitting on balance sheets doing nothing. >> did you read oracle? how much money do they have. they bought back 10 billion worth of stock. these companies, you read through their stories, and you say, not only did they not extend themselves during this downturn, they conserved a lot of cash. by the way, humans did, too, in america. have you seen the numbers that the federal reserve put out last night about how much money is being -- how little debt is being taken down by citizens. we're back to levels of the '90s. federal household debt service came out last night. the percentage of disposable income is 14%, down to 10%. that's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from over
china coming back. gm rationalizing europe. >> gm europe, when you say a couple quarters behind ford, are you saying progress in the quarterly financials? >> committed to rationalizing europe. >> again, a larger theme of excess capitalization at u.s. corporations, and the fact that so much money is sitting on balance sheets doing nothing. >> did you read oracle? how much money do they have. they bought back 10 billion worth of stock. these companies, you read through...
603
603
Dec 19, 2012
12/12
by
FOXNEWSW
tv
eye 603
favorite 0
quote 0
they're number three behind canada and china, about $460 billion a year. so lot of levers we can use here. of that $460 billion, a huge amount is tourism. is it really worth them sort of gaining this venal corrupt image with this violence. do they want o pay the millions and millions, possibly hundreds of millions in lost tourism just so they can do whatever it is that the corrupt local government is doing to this? >> steve: one of the things is this guy is being charged with is he brought into the country of mexico a gun used by the military, ammunition used by the military as well. you know what? that is flat out not true. this is a case that is so easy to dismiss and yet, we're five days away from christmas and that guy is sitting down there. >> brian: it takes some high ranking person in the state department to pick up the phone and say, get him out of there. >> steve: how about the president? they've got cable in the white house. they're watching fox news channel. that would be great for that family if he -- >> brian: even they get satellite dish. eve
they're number three behind canada and china, about $460 billion a year. so lot of levers we can use here. of that $460 billion, a huge amount is tourism. is it really worth them sort of gaining this venal corrupt image with this violence. do they want o pay the millions and millions, possibly hundreds of millions in lost tourism just so they can do whatever it is that the corrupt local government is doing to this? >> steve: one of the things is this guy is being charged with is he...
191
191
Dec 19, 2012
12/12
by
MSNBCW
tv
eye 191
favorite 0
quote 0
. >> something much earlier on but not that ad that played the whole china card. paul ryan wanted to do an ad earlier on framing the issue in janesville, his hometown, where there was a shuttered gm plant. the romney campaign trying to play catch-up at the end of the campaign and address issues that should have been addressed months ago where romney was on the auto bailout. they never wanted to talk about it because there was a thought that's playing into obama's terrain, let's not go there. >> the most interesting thing that i think has not been reported, if you will, there wasn't a lot of in-fighting in romney world. was there not disagreement? did everybody just buy into the stewart way of doing things? >> stewart was a fairly polarizing figure but comparatively to other campaigns, they did get along pretty well. we found out that ed gillespie at the end of the campaign was trying to do more with hispanics and women and he did run into stewart stevens some. >> but nothing like the tension you normally would expect in a losing campaign. >> not like sort of kerry
. >> something much earlier on but not that ad that played the whole china card. paul ryan wanted to do an ad earlier on framing the issue in janesville, his hometown, where there was a shuttered gm plant. the romney campaign trying to play catch-up at the end of the campaign and address issues that should have been addressed months ago where romney was on the auto bailout. they never wanted to talk about it because there was a thought that's playing into obama's terrain, let's not go...